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Strategies & Market Trends : Breakout Charts -- Ignore unavailable to you. Want to Upgrade?

To: david sandel who wrote (351)	2/24/2000 3:46:00 PM
From: Jibacoa	Read Replies (1) \| Respond to of 421

David: BioLase had an up-gap Tuesday on the news that they were going to launch a Hydrokinetic hard and soft tissue dental laser. Those lasers are supposed to be able to drill and cut teeth and remove decay, without the needs for drills or anesthesia. They also have the LazerSmile toothbrush which is for tooth-whitening.Some of their lasers are also used in Dermatology and soft tissue surgery. The insiders hold 16% and the institutions have bought a few shares (about 19,000 lately) The book value is $0.06. The float is 14.9Million Today it dropped below the $4 level earlier and has been trying to come back in the last 2 hrs, it may close above 5, but still below the $7 of Tuesday. It is a very speculative stock in a "general market" which has continued to slide down, so you have to be extra careful. I hope that will help you. Good luck. Bernard